
Yesterday's June 4 Bank of Canada decision left the overnight rate at 2.75%. If you're buying, selling or renewing in Greater Sudbury, I would use this hold to revisit your own numbers—not assume every mortgage quote has stopped moving.

Yesterday's June 4 Bank of Canada decision left the overnight rate at 2.75%. If you're buying, selling or renewing in Greater Sudbury, I would use this hold to revisit your own numbers—not assume every mortgage quote has stopped moving.

The May 2025 market record shows 297 new-listing events, 212 sold-close events and a $523,000 median close price in Greater Sudbury. The relationship among those measures says more than any one headline on its own.

The April 2025 market record shows 269 new-listing events, 187 sold-close events and a $487,700 median close price in Greater Sudbury. The relationship among those measures says more than any one headline on its own.

The Lively–Walden wastewater announcement is about capacity for future housing, not 3,300 homes ready to buy. Here is what has been announced and what I would check before making a property decision.
The City of Greater Sudbury says …

Today, April 16, 2025, the Bank of Canada has held its target for the overnight rate at 2.75%.
| Measure | Setting | Why it matters |
|---|---|---|
| Target overnight … |

March has closed, and the local MLS records show more listing and closing activity than February. That gives spring buyers more to compare, while sellers still need to watch the homes competing directly with theirs.

The Bank of Canada cut its target for the overnight rate to 2.75% on March 12, 2025. Here is what the decision means for borrowers weighing their options.
| Measure | Setting | … |
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The February 2025 market record shows 138 new-listing events, 100 sold-close events and a $497,700 median close price in Greater Sudbury. The relationship among those measures says more than any one headline on its own.

The January 2025 market record shows 131 new-listing events, 86 sold-close events and a $444,950 median close price in Greater Sudbury. The relationship among those measures says more than any one headline on its own.

The Bank of Canada has cut its overnight rate by 25 basis points to 3.00% today, January 29. Earlier cuts are starting to support household spending, but possible US tariffs make the outlook unusually uncertain. I would use today’s decision to refresh a real mortgage quote, not as …